| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WATT | Common Stock | Award | $0 | +1.25K | +40.53% | $0.00 | 4.33K | Jan 2, 2024 | Direct | F1, F2, F3 |
| transaction | WATT | Common Stock | Sale | -$1.08K | -675 | -15.57% | $1.60 | 3.66K | Jan 3, 2024 | Direct | F3, F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The restricted stock units ("RSUs") vest as to 100% of the award on January 2, 2025, subject to the Reporting Person's continued service to the Issuer through such date. The RSUs were granted to the reporting person pursuant to the Company's Non-employee Director Compensation Policy. |
| F2 | Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. |
| F3 | The Reporting Person's holdings have been adjusted to reflect the 1-for-20 reverse stock split of the Issuer's common stock that became effective on August 16, 2023. |
| F4 | This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 14, 2023. |